">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Sunday, January 17, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Telcos

Safaricom ordered to open its M-Pesa platform

Robin Okuthe by Robin Okuthe
6 years ago
in Telcos
3 min read
0
photo credit:
Mobilemoneyexchange.wordpress.com

photo credit: Mobilemoneyexchange.wordpress.com

Kenya’s communications regulator Communications Authority of Kenya (CAK) has ordered Safaricom to open its M-Pesa platform following a petition Airtel Kenya filed earlier this year accusing Safaricom of unfair competition.

photo credit: Mobilemoneyexchange.wordpress.com
photo credit:
Mobilemoneyexchange.wordpress.com

In a statement, Airtel said that the order brings to an end its extended battle with its rival mobile telecoms firm Safaricom over service exclusivity, which blocked M-Pesa agents from working with other mobile operators.

CAK signed a letter on July 25, 2014 and sent it to Airtel and Safaricom ordering Safaricom to effect the order before July 18.

According to the letter, every restrictive clause in the agreements between mobile money transfer (M-Pesa agents) and Safaricom should be expunged instantly before July 18.

Earlier, Airtel CEO Adil El Youssefi said: “Safaricom needs to publicize and make official the decision to open up its network.”

In its ruling, CAK also declared that Safaricom’s oversight would be limited to its business with the agents. Every mobile money service provider operating in Kenya would also be liable to ensuring compliance with the Central Bank of Kenya (CBK) regulations.

CAK director-general Wang’ombe Kariuki said that they did not rule on the cost and interoperability of transactions since it is an issue that requires CAK and CBK’s input.

Related posts

safaricom

Safaricom Issues Serious Changes They Will Be Making In 2021

December 21, 2020
0

Scammers Are Back With A New Festive Plan To Steal Money From You Using Safaricom

December 18, 2020
0

Rwanda’s Biggest Mobile Provider Runs To Government For Help After Facing Serious Competition From Airtel

December 17, 2020
0
Wole Abu, CEO Liquid Telecom and ADC Nigeria

Liquid Telecom appoints Wole Abu as CEO for Liquid Telecom and its new Africa Data Centre in Nigeria

December 14, 2020
0
Readers 1,419

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Tags: AirtelCentral Bank of KenyaCommunications Authority of KenyaSafaricom
Robin Okuthe

Robin Okuthe

Related Posts

safaricom
Telcos

Safaricom Issues Serious Changes They Will Be Making In 2021

December 21, 2020
0
Telcos

Scammers Are Back With A New Festive Plan To Steal Money From You Using Safaricom

December 18, 2020
0
Telcos

Rwanda’s Biggest Mobile Provider Runs To Government For Help After Facing Serious Competition From Airtel

December 17, 2020
0
Wole Abu, CEO Liquid Telecom and ADC Nigeria
Leadership

Liquid Telecom appoints Wole Abu as CEO for Liquid Telecom and its new Africa Data Centre in Nigeria

December 14, 2020
0
People

MTN’s Oliver Fortuin to take over as SEACOM Group CEO as Byron Clatterbuck resigns

December 10, 2020
0
Telcos

Airtel Kenya, Nokia Establishing 5G Network

December 2, 2020
0
mpesaglobal
Telcos

M-Pesa May Soon Be Forced To Split From Safaricom And Work Independently

November 20, 2020
0
Business

Safaricom CEO creates new positions, merges others in a consolidation move

November 18, 2020
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

realme to release more phones in 2021 to grow its smartphone market share

January 16, 2021

What You Need To Know To Manage Your Network Effectively

January 16, 2021

Baidu establishes an Intelligent electric vehicle arm to bring autonomous cars on a road near you

January 15, 2021

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: